RESERVE-BANK-OF-AUSTRALIA
RBA cuts cash rate 25bps to a record low 0.75%
By Sophia Rodrigues
Key points from cash rate statement:
1. Forward-looking indicators of labour demand indicate that employment growth is likely to slow from its recent fast rate.
2. Economy still has spare cap...
RBA Cuts Cash Rate as Expected, Next Cut Likely August
By Sophia Rodrigues
The Reserve Bank of Australia cut the cash rate to a new record low of 1.25% and left the door open for further easing as it seeks to reduce the spare capacity in the economy to help achieve the inflation target.
... RESERVE-BANK-OF-AUSTRALIA, 04 Jun 2019, 07:14 AM